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MediaSavvy: War on Greed December 6, 2007

** Read this with graphics online here:
www.mediachannel.org/email12-6.php **

Is the Military on the Verge of Crashing?
By Nieman Watchdog
Longtime military reporter George Wilson says everything is in place for a breakdown of the armed forces, and Congress had better deal with the problem quickly. Wilson poses questions Congress needs to ask.
www.mediachannel.org/wordpress/2007/12/06/
is-the-military-on-the-verge-of-crashing/

FCC Chief Martin Defends Media Ownership Plan
By Peter Kaplan, Reuters
Facing close questioning from a House subcommittee, FCC Chairman Kevin Martin denied criticism that the plan to relax ownership restrictions in the top 20 U.S. markets would also open the door for local newspapers and TV broadcasters to combine in smaller markets around the United States.
www.mediachannel.org/wordpress/2007/12/06/
fcc-chief-martin-defends-media-ownership-plan/

Facebook Hangs Its Head Over Ad System
By Jessica Guynn, LA Times
The advertising system that was supposed to light Facebook’s way to riches has created such negative publicity that the Chief Executive personally apologized and told users they could turn it off.
www.mediachannel.org/wordpress/2007/12/
06/facebook-hangs-its-head-over-ad-system/

Intel Report Sinks CNN Iran Special
By Brian Lowry, Variety
CNN has postponed speculative documentary “We Were Warned — Iran Goes Nuclear.”
www.mediachannel.org/wordpress/2007/12/
06/intel-report-sinks-cnn-iran-special/

Survey: 127 Journalists Jailed Worldwide
By David B. Caruso, AP
At least 127 journalists worldwide are behind bars, and one in six have never been publicly charged with a crime.
www.mediachannel.org/wordpress/2007/12/
06/survey-127-journalists-jailed-worldwide/

Writers’ Strike & Big Media
By FreePress
What does the ongoing writers’ strike have to do with Big Media? Everything. Tonight at 8pm ET join FreePress, Jason Ross, of the “Daily Show,” Kate Purdy, of “Cold Case,” and Marty Kaplan, of the Norman Lear Center at USC, for a live online discussion.
www.mediachannel.org/wordpress/2007/
12/06/writers-strike-big-media/

Murdoch Buys Religious Website
By Miriam Steffens, The Sydney Morning Herald
Rupert Murdoch has again professed his faith in the internet, spending an amount estimated at tens of millions of dollars to buy Beliefnet, the biggest religion and spirituality website in the US.
www.mediachannel.org/wordpress/2007/
12/06/murdoch-buys-religious-website/

VIDEO: War on Greed
Robert Greenwald: Henry Kravis is a billionaire, the 57th richest person in America. He acquired this wealth by purchasing public companies with borrowed money. To pay off the debt, he cuts benefits at the company, sells its assets, and lays off employees. Yet everyday we hear another story, we live another experience, we see another example of the horrific economic pain our country is being devastated by. It’s time all of us started a WAR ON GREED.
Watch Here “
www.mediachannel.org/wordpress/2007/12/06/war-on-greed/

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